"Wherever there is great property there is great inequality. For one very rich man there must be at least five hundred poor, and the affluence of the few supposes the indigence of the many." (Adam Smith - The Wealth of Nations - Book V - Chapter I. Year 1776)

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A blog of Post-Capitalist critique in general, economic, philosophical and political analyses, Post-Capitalist poetry and prose, Post-Capitalist philology, book reviews, Postcapitalist news, interviews, praxis, art and much more!
For the record, Davide Ferri is a Postcapitalist, who graduated with a B.A.Economics(Honours) degree from Shri Ram College of Commerce, Delhi University, India. He currently lives and works in Mumbai.

The Growing Relevance of Postcapitalism

forces. In acquiring new productive forces men change their mode of production; and in changing theirmode of production, in changing the way of earning their living, they change all their social relations.

The hand-mill gives you society with the feudal lord; the steam-mill society with the industrial capitalist.

The same men who establish their social relations in conformity with the material productivity, producealso principles, ideas, and categories, in conformity with their social relations.

Thus the ideas, these categories, are as little eternal as the relations they express. They are historical andtransitory products.

MAMMA Mamma, I wish you perceived all my poems, the chasm that burns inside me the sweet scents I am forced to breath in. Simply yo...

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There is a point of accumulation where the decreased variable capital cannot find compensation in an increase of surplus-value large enough to yield sufficient profits on total capital. At this point the rate of profit falls below what is necessary to continue the expansion process.[Paul Mattick — Monopoly Capital]

We shall, of course, not take the trouble to enlighten our wise philosophers by explaining to them that the “liberation” of man is not advanced a single step by reducing philosophy, theology, substance and all the trash to “self-consciousness” and by liberating man from the domination of these phrases, which have never held him in thrall. Nor will we explain to them that it is only possible to achieve real liberation in the real world and by employing real means, that slavery cannot be abolished without the steam-engine and the mule and spinning-jenny, serfdom cannot be abolished without improved agriculture, and that, in general, people cannot be liberated as long as they are unable to obtain food and drink, housing and clothing in adequate quality and quantity. “Liberation” is an historical and not a mental act.[Karl Marx - The German Ideology, 1845]